Major Country/Program Status Updates

Royal Navy Type 31 Frigate Supply Chain

Suppliers to Babcock Team 31

Key Market Impact Mitigation

Key Sector Impact Facts and Figures

Key US Naval Shipbuilding Events and Contract awards

Key US Naval Shipbuilding events and Contract awards during the COVID-19 crisis

Key Australian Shipbuilding Updates

Key Australian Naval Shipbuilding figures and updates

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Naval Shipbuilding: COVID-19 - Sector Impact Analysis

Summary

The long-term impact on the Naval Shipbuilding comes from the reduction in program funding as a consequence of the recession resulting from the COVID-19 pandemic. The extent of the recession is not yet known, but is expected to be deeper and longer than the Global Financial Crisis of 2008-2009. This will hit Defense budgets, significantly reducing program budget in many cases.

In particular, the report provides an in-depth analysis of the following:
- The report is to understand the impact of the COVID-19 outbreak on the Naval Shipbuilding sector.
- This report provides insight into the current state of play, offers a look at potential future scenarios and assesses the actions that naval shipbuilding sector can take to mitigate the impact of COVID-19.
- The report includes an insightful industry analysis of the COVID-19 Sector Impact on naval shipbuilding and key use cases highlighting how various companies around the world have started working on the development.

Reasons to Buy

- Gain an overview of the current global COVID-19 situation
- Gain in-depth understanding about the impact of COVID-19 in Naval Shipbuilding Market
- Understand the impact that COVID-19 is having on the industry
- Explore future industry scenarios
- Compare key industry players' actions